Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
SumecSHSE:600710 +1.49%77 Days Payable is 49.93 as of Mar. 2026, which is 18% above its 10-year median of 42.38. GuruFocus rates SHSE:600710 with a GF Score™ of 77/100 and a GF Value™ of ¥9.63 (Fairly Valued). The stock has 2 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Sumec ranks worse than 67.94% on this metric.
Sumec's average Accounts Payable for the
three
months ended in Mar. 2026 was ¥16,045 Mil. Sumec's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ¥29,326 Mil.
Hence, Sumec's Days Payable for the
three
months ended in Mar. 2026 was 49.93.
The historical rank and industry rank for Sumec's Days Payable or its related term are showing as below:
SHSE:600710'
s Days Payable Range Over the Past 10 Years
Min: 28.7 Med: 42.38 Max: 53.86
Current: 51.45
During the past 13 years, Sumec's highest Days Payable was 53.86. The lowest was 28.70. And the median was 42.38.
SHSE:600710's Days Payable is ranked worse than 67.94% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 68.13
vs SHSE:600710: 51.45
Sumec's Days Payable
declined
from Mar. 2025 (59.22) to Mar. 2026 (49.93).
It may suggest that Sumecaccelerated paying its suppliers.
Sumec Days Payable Related Terms
Sumec Days Payable Historical Data
* Premium members only.
The historical data trend for Sumec's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SHSE:600710 vs CAT, DE, PCAR: Days Payable Comparison
For the Farm & Heavy Construction Machinery subindustry, Sumec's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sumec Days Payable vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Sumec's Days Payable distribution charts can be found below:
* The bar in red indicates where Sumec's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Sumec's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sumec (SHSE:600710) has a Days Payable of 49.93 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sumec and its competitors. This is 18% above median its historical median of 42.38. Over the past decade, Sumec's Days Payable has ranged from 28.70 to 53.86. According to the industry distribution chart, Sumec ranks #142 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 67.9%.
Is Sumec's Days Payable too high?
Sumec's current Days Payable of 49.93 is 18% above median its 10-year median of 42.38. Over the past 10 years, this metric has ranged from a low of 28.70 to a high of 53.86. The Farm & Heavy Construction Machinery industry median Days Payable is 68.13. Sumec's value of 49.93 is 26.7% below this industry median. Based on the distribution chart, Sumec ranks #142 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Sumec has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sumec's Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Sumec ranks #142 out of 209 companies for Days Payable. This places Sumec in the lower half of its industry. The industry median Days Payable is 68.13. Sumec's value of 49.93 is 26.7% below this benchmark. Historically, Sumec's own Days Payable has ranged from 28.70 to 53.86 over the past decade. While the company's 10-year median is 42.38 vs. the industry median of 68.13, Sumec has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 68.13, based on 209 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sumec's current Days Payable of 49.93 is 26.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sumec and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 68.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sumec's current Days Payable is 49.93, which is 18% above median its own 10-year median of 42.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumec stock overvalued right now?
Based on GuruFocus' analysis, Sumec (SHSE:600710) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.63, compared to a current price of ¥10.23 — trading 6.2% above its estimated fair value. The current Days Payable is 49.93, which is 18% above median its 10-year median of 42.38 and 26.7% below the Farm & Heavy Construction Machinery industry median of 68.13. Sumec's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Sumec (SHSE:600710), the current Days Payable is 49.93 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sumec (SHSE:600710) Overvalued in 2026?
Based on GuruFocus' analysis, Sumec stock appears to be overvalued.
The current stock price of ¥10.23 is trading 6.2% above its estimated GF Value™ of ¥9.63.
GuruFocus considers Sumec to be Fairly Valued.
Key valuation signals for SHSE:600710:
Days Payable: 49.93 (18% above median its 10-year median of 42.38)
GF Value™: ¥9.63 vs. price of ¥10.23 (6.2% above fair value)
Industry Position: 26.7% below the Farm & Heavy Construction Machinery median (#142 of 209)
No single metric tells the full story. See the SHSE:600710 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sumec Corp Ltd is engaged in trade and service, engineering contracting, and investment and development. The trade and service cover import and export of the bulk commodities including gardening instruments, electric tools, high-pressure washer, power generation equipment, garment, household textiles, automobile parts, medical devices, and others. Engineering contracting includes environmental engineering, energy engineering, and marine engineering; investment development includes strategic investment, industrial investment, project investment and financial investment.
77GF Score
Get the complete analysis for SHSE:600710
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600710 has been successfully added to your 
